Wednesday, February 9, 2011

The (sad) truth is…

Budgets do not come from the White House, they come from Congress.  The party that has controlled Congress since January 2007 is the Democrat Party.  That means they controlled the budget process for FY 2008 and FY 2009, as well as FY 2010 and FY 2011.  In that first year they had to contend with George Bush who, somewhat belatedly, got tough on spending increases and which caused them to compromise on spending.  However, for FY 2009 Nancy Pelosi and Harry Reid bypassed George Bush entirely by passing continuing resolutions to keep government running until Barack Obama could take office.  Once that had happened they passed a massive omnibus spending bill to complete the FY 2009 budgets.  Where was Barack Obama during this time?  Why he was a member of that very Congress, the one that passed all of these spending bills and, as President, he signed the massive omnibus bill to complete FY 2009.  Let's remember what the deficits looked like for the past 10 years:

ATT20970If the Democrats inherited any deficit, it was the FY 2007 deficit, the last of the Republican budgets.  That deficit was the lowest in five years, and the fourth straight decline in deficit spending.  After that, Democrats in Congress took control of spending, and that includes (then Senator) Barack Obama, who voted for those budgets.  If Obama inherited anything in the way of a deficit, he inherited it from himself.  In a nutshell, what Obama is saying is “I inherited a deficit that I voted for and then, since becoming President, I voted to expand that deficit four-fold.”
ATT20969

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